Investment Newsletter Using Spinoffs & Other Strategies To Beat The Market For 9 Straight Years Investment Newsletter Using Spinoffs & Other Strategies To Beat The Market For 9 Straight Years Investment Newsletter Using Spinoffs & Other Strategies To Beat The Market For 9 Straight Years Investment Newsletter Using Spinoffs & Other Strategies To Beat The Market For 9 Straight Years  
Home        
Performance of Our Portfolios
Current Articles
Current Recommendations (Subscribers Only)
How It Works
FAQs
Investing 101
About us
Contact Us
Subscribe
 

Selling Multiple Lots of AAMC For Gains of 330.6% and 3,633% In Less Than a Year

Altisource Asset Management (AAMC) Sold for 330.6% Gain

10/15/2013

Today we sold all of our shares of Altisource Asset Management Corporation (AAMC) and removed AAMC from our Speculative Spin-Off list. This company was spun off from Altisource Portfolio Solutions S.A. (ASPS) in December, 2012. ASPS was also a successful spin-off that we purchased and sold for our Primary Stock Portfolio. Results of the ASPS transaction can be seen here.

We surmised that AAMC was a bit too risky for our Primary Stock Portfolio but thought it had potential for aggressive investors, so we added AAMC to our Speculative Spin-Off list in April of this year at a price of $130.05. Today we sold those shares for $560.01 for a gain of 330.6% in a little more than six months. This was the bulk of today's transactions. We also had a few shares left over from the December spin-off from ASPS when the shares debuted at $15. Selling those shares today resulted in a gain of 3,633% in a little over ten months.

Why We Are Selling

AAMC shares have risen dramatically, even as high as $702 on October 7. We believe the risk/reward ratio has changed enough that we are more comfortable taking our gains. There is still little known about AAMC's operational results, therefore there is little concrete information to support AAMC's meteoric rise. Given management's success with ASPS, it would not surprise us to see AAMC continue its rise, but given the opaqeness of its operations, we are more comfortable locking in our gains.

-Rex M. Jacobsen
Sr. Editor

***

List of Recent Articles

 





 

(Log-In -- Log-Out)

News About Recommended Stocks, Mutual Funds, & Events on Wall St.
(Complete Article List)

11/18/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

11/18/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

11/18/2019

Consumer Staples Stock Screen: Monthly Update

More>>

11/10/2019

Six Stock Ratings Changed, Including Four "Buys"

More>>

10/21/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

10/21/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

10/21/2019

Consumer Staples Stock Screen: Monthly Update

More>>

10/07/2019

3 Buy, 3 Sell Signals -- Selling Three Stocks for an Average Total Return of 753.2%

More>>

09/23/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

09/23/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

09/23/2019

Consumer Staples Stock Screen: Monthly Update

More>>

08/19/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

08/19/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

08/19/2019

Consumer Staples Stock Screen: Monthly Update

More>>

07/22/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

07/22/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

07/22/2019

Consumer Staples Stock Screen: Monthly Update

More>>

07/15/2019

One Stock Rating Changed to "Strong Buy"

More>>

07/01/2019

Buy/Sell Signals for ETF/Mutual Fund Portfolio -- Return of Portfolio: +816.1% versus +217.5% for S&P 500

More>>

06/24/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

06/24/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

06/24/2019

Consumer Staples Stock Screen: Monthly Update

More>>

05/30/2019

Three Stock Ratings Changed, Two "Buys" and One "Strong Buy"

More>>

05/20/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

05/20/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

05/20/2019

Consumer Staples Stock Screen: Monthly Update

More>>

05/20/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

04/23/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

04/23/2019

Consumer Staples Stock Screen: Monthly Update

More>>

03/18/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

03/18/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

03/18/2019

Consumer Staples Stock Screen: Monthly Update

More>>

03/12/2019

Five Stock Ratings Changed, Four "Buys" and One "Strong Buy"

More>>

02/19/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

02/19/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

02/19/2019

Consumer Staples Stock Screen: Monthly Update

More>>

01/22/2019

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

01/22/2019

Trending Value Portfolio Stock Screen: Monthly Update

More>>

01/22/2019

Consumer Staples Stock Screen: Monthly Update

More>>

01/06/2019

Three Stock Ratings Upgraded to "Strong Buy"

More>>

12/24/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

12/24/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

12/24/2018

Consumer Staples Stock Screen: Monthly Update

More>>

11/19/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

10/22/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

11/19/2018

Consumer Staples Stock Screen: Monthly Update

More>>

11/19/2018

Two Stock Ratings Changed, Both Upgraded to "Strong Buy"

More>>

10/22/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

10/22/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

10/22/2018

Consumer Staples Stock Screen: Monthly Update

More>>

09/30/2018

Two Stock Ratings Changed, Both "Buys"

More>>

09/24/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

09/24/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

09/24/2018

Consumer Staples Stock Screen: Monthly Update

More>>

09/10/2018

Buy/Sell Signals -- Time To Sell This Medical Device Company for a Total Return of 249.6%

More>>

08/20/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

08/20/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

08/20/2018

Consumer Staples Stock Screen: Monthly Update

More>>

07/23/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

07/23/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

07/23/2018

Consumer Staples Stock Screen: Monthly Update

More>>

07/13/2018

Three Stock Ratings Changed, Including Two "Strong Buys"

More>>

06/18/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

06/18/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

06/18/2018

Consumer Staples Stock Screen: Monthly Update

More>>

05/21/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

05/21/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

05/21/2018

Consumer Staples Stock Screen: Monthly Update

More>>

05/10/2018

Three Stock Ratings Changed, Including Two "Strong Buys"

More>>

04/23/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

04/23/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

04/23/2018

Consumer Staples Stock Screen: Monthly Update

More>>

03/19/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

03/19/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

03/19/2018

Consumer Staples Stock Screen: Monthly Update

More>>

02/28/2018

One Stock Rating Changed To "Buy"

More>>

02/20/2018

Millennial Money Portfolio Stock Screen: Monthly Update

More>>

02/20/2018

Trending Value Portfolio Stock Screen: Monthly Update

More>>

02/20/2018

Consumer Staples Stock Screen: Monthly Update

More>>